Flop That House 0
Locally, foreclosures are still up.
MarketWatch explores four myths about the housing market and explains why the bubble won’t rebubble all over again.
“Bubble” means the prices were far higher than they should have been. They shouldn’t go back to those levels. If they do, run and hide.
The myths (follow the link for the full discussion):
1. The housing recession is over.
2. After markets hit bottom, prices will rebound to boom levels.
3. The worst of the foreclosure mess is behind us.
4. The tax credits saved the housing market.
